Franklin Travis 4

4 · Midland States Bancorp, Inc. · Filed May 6, 2026

AI-generated summary of this filing

Updated May 6, 2026

Midland States (MSBI) Director Franklin Travis Buys 9,400 Shares

What Happened

Franklin Travis, a director of Midland States Bancorp, Inc. (MSBI), made an open-market purchase of 9,400 common shares on 2026-05-05. The reported weighted-average price was $26.49 per share for a total reported value of $248,988. This was a purchase (insider buying).

Key Details

Transaction date: 2026-05-05.
Price: weighted average $26.49; purchases occurred across prices ranging $26.40–$26.50 (footnote F1).
Total reported value: $248,988.
Shares owned after transaction: not specified in the provided filing summary.
Notable footnotes:
- F1 clarifies the reported price is a weighted average and that detailed per-trade pricing within the $26.40–$26.50 range can be provided on request.
- F2/F3 note the reporting person also holds common share equivalents under the Directors Deferred Compensation Plan (economic equivalents payable upon termination of director service).
Filing timeliness: Report filed 2026-05-06 for a 2026-05-05 transaction (appears timely).

Context

This was an open-market purchase (not an option exercise, gift, or award). Insider purchases are often watched by investors as one data point on executive confidence, but they do not by themselves prove future company performance.

Form 4

Period: 2026-05-05

Director

Transactions

Holdings

Common Share Equivalent
[F2][F3]
Exercise: $22.65→ Common Stock (9,891.575 underlying)
9,891.575

Footnotes (3)

[F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.40 - $26.50 inclusive. The reporting person undertakes to provide to Midland States Bancorp, Inc., any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote.
[F2]Represents common share equivalents held pursuant to Directors Deferred Compensation Plan as of the date of this form. Each common share equivalent is the economic equivalent of one share of common stock. Common stock equivalents become payable upon the reporting persons termination of service as a director.
[F3]Each common stock equivalent is the economic equivalent of one share of common stock.

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